Nami Acs

Analysis

Nami Acs is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nami Acs reported income of $67k and spending of $103k, spending 154% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income fell from $338k to $67k (-80%), an average of -55% a year. The sharpest change came in the year to June 2023, when income rose by 162%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nami Acs sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Hoosick Area Partnership for Parents and Youth ($67k), JNG Inc ($67k) and Fisc Consumer Credit Counseling of Door County Inc ($67k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% of the total. Other salaries and wages came to $69k. At year end it held assets of $136k against liabilities of $0, net assets of $136k. It reported 5 employees.